Inglewood Airport Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 323,381 | 297,125 | 26,256 | 5.7 | 43% |
| 2020 | 237,034 | 207,817 | 29,217 | 11.2 | 54% |
| 2021 | 267,016 | 220,016 | 47,000 | 10.4 | 55% |
| 2022 | 69,728 | 123,226 | −53,498 | 15.2 | 65% |
In its most recent public year (2022), this organization spent $53,498 more than it brought in. Its reserves stood at about 15.2 months of spending, up from 5.7 in 2019. Staff pay was 65% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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